The Client: ERISA plans/institutional management
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December 4, 2018Warning to FAs: IRA Rollovers Are in Regulators' CrosshairsSome advisors go as far as treating rollovers as if the Department of Labor’s fiduciary rule were still in effect.No Comments
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November 12, 2018DOL Proposes Auto-Portability for 401(k) PlansThe proposal is aimed at preventing of “leakage” from the plans when employees change jobs.No Comments
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November 8, 2018Despite Its Death, Here's How the DOL Rule is Still Causing FAs to Change Their WaysMajority of advisors say they’re likely to make changes as a direct result of the rule.No Comments
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November 6, 2018UBS Zeroes in on FAs Serving Small 401(k) PlansThe move is expected to drum up more business for UBS’s reps.No Comments
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October 22, 2018Forget the DOL Rule or the SEC's Reg BI... Financial Literacy is Key to Protection, RBC Advisor SaysFT 401 advisor says the first line of defense of retirement plan participants are their plan sponsors.No Comments
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October 19, 2018DOL Rule Saga Isn't Over... Agency Plans Roll Out of a Final Fiduciary Rule Next SeptemberThe agency plans to revise the final regulation in light of the Fifth Circuit’s decision to vacate the rule this spring.Last Comment: October 19, 2018
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September 4, 2018As Merrill Lynch Reverses Ban, Investors Urged to "Steer Clear" of Commission-Based AccountsConsumer advocate believes investors need to proactively look for fee-based advisors.Last Comment: September 7, 2018
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August 30, 2018More LPL FAs Can Now Serve as 401(k) FiduciariesThe firm is relaxing some of the requirements, such as the minimum number of defined-contribution plans and years of experience.No Comments
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August 7, 2018Wells Fargo Beats Class Action Alleging Self-Dealing and Favoring its Own FundsMeanwhile, Citigroup has settled a $6.9 million lawsuit accusing the firm of steering employees into its own products.No Comments
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July 20, 2018New York State Adopts Best Interest Standard for InsuranceThe regulation will apply to annuities and life insurance and goes into effect in August.No Comments
